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A2 Milk confirms possible acquisition after ASX ‘please explain’

Shares in the infant formula marketer were placed on trading halt amid a 15% price spike.

A2 Milk exports infant formula mainly to China.

Tim Hunter Fri, 27 Sep 2024

Infant formula marketer A2 Milk says it called a trading halt on its shares on Friday afternoon to buy time to inform the market about a potential acquisition after its shares spiked as much as 15%.

In a brief statement to the NZX, A2 Milk said it halted trading “to provide us with additional time

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Tim Hunter Fri, 27 Sep 2024
Contact the Writer: thunter@nbr.co.nz
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A2 Milk confirms possible acquisition after ASX ‘please explain’
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